Mid Atlantic Financial Management Inc. ADV Has $255,000 Position in The Gabelli Dividend & Income Trust (NYSE:GDV)

Mid Atlantic Financial Management Inc. ADV Has $255,000 Position in The Gabelli Dividend & Income Trust (NYSE:GDV)

  • August 30, 2020
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Mid Atlantic Financial Management Inc. ADV boosted its stake in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,500 shares of the financial services provider’s stock after acquiring an additional 1,200 shares during the quarter. Mid Atlantic Financial Management Inc. ADV’s holdings in The Gabelli Dividend & Income Trust were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Karpus Management Inc. raised its stake in The Gabelli Dividend & Income Trust by 284.4% during the first quarter. Karpus Management Inc. now owns 1,402,608 shares of the financial services provider’s stock worth $20,773,000 after acquiring an additional 1,037,754 shares in the last quarter. Advisor Group Holdings Inc. acquired a new stake in shares of The Gabelli Dividend & Income Trust in the first quarter valued at $1,469,000. Raymond James & Associates increased its stake in shares of The Gabelli Dividend & Income Trust by 6.6% in the first quarter. Raymond James & Associates now owns 944,837 shares of the financial services provider’s stock valued at $13,993,000 after buying an additional 58,599 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of The Gabelli Dividend & Income Trust by 29.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 924,717 shares of the financial services provider’s stock valued at $13,695,000 after buying an additional 211,604 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of The Gabelli Dividend & Income Trust by 3.9% in the first quarter. Advisors Asset Management Inc. now owns 308,744 shares of the financial services provider’s stock valued at $4,572,000 after buying an additional 11,598 shares in the last quarter.

Shares of NYSE:GDV opened at $19.17 on Wednesday. The Gabelli Dividend & Income Trust has a twelve month low of $10.40 and a twelve month high of $22.52. The business has a fifty day moving average of $18.35 and a 200-day moving average of $17.77.

The Gabelli Dividend & Income Trust Company Profile

The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.

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Institutional Ownership by Quarter for The Gabelli Dividend & Income Trust (NYSE:GDV)

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